Red Bank, NB
Full City Profile · New Brunswick
2.7
/5.0
C+
Fair
400
Population
65/sq mi density
$44,400
Median Income
$34,400 per capita
$148,932
Home Value
$666
Median Rent
30.1% income on rent
40°F
Avg Temperature
257 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$44,400 median income, 7.3% unemployment
A+
Affordability
4.8 / 5.0
$148,932 home value, $666/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.8% bachelor's degree or higher
Housing Overview
Median Home Value
$148,932
47% below
US avg: $281,900
Median Rent
$666/mo
43% below
US avg: $1,163/mo
Homeownership Rate
10.5%
84% below US avg (65.4%)
Total Housing Units
190
Ownership vs. Renting
10.5%
Owner-Occupied
5.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Homeownership Rate
10.5%
Complete Housing Data
Home Values
| Census Median Value | $148,932 |
Rent
| Census Median Rent | $666 |
Market
Ownership & Stock
| Owner-Occupied | 10.5% |
| Renter-Occupied | 5.3% |
| Homeownership Rate | 10.5% |
| Total Housing Units | 190 |
| Rent Burden | 30.1% |
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